Avalanche’s ecosystem is exploding right now. These are DeXs you should know about. And some you should avoid!
(DeX: Decentralized Exchange. Learn more about decentralized exchanges, if you’re completely lost.)
Avalanche DeXs
The following are the best-decentralized exchanges on the Avalanche C-Chain. To use them, you’ll need a browser wallet. Most commonly, Metamask. If you already have Metamask installed, you can add the Avalanche C-Chain RPC to your wallet here.
1. Pangolin
- Token: PNG
Pangolin is the main DeX on Avalanche. They have high volume, healthy liquidity, and many farms. This is the go-to place for trading on Avalanche.

2. Elk Finance
- Tokens: ELK, CHFT, MOOSE
Elk Finance is the close behind contender for top DeX. Unlike many of the other Avalanche DEXs, Elk Finance is multi-chain. Operating on Avalanche, HECO, Matic, and Fantom–at time of writing. There are more integrations coming this year.

Aside from cross-chain integrations, Elk also operate an incredibly cheap bridge between these chains. “ElkNet”. It lets users move ELK tokens to other chains at incredibly high speeds and ridiculously low costs. As this progresses, ElkNet will be operated by multiple node operators.
Elk Finance’s native token is ELK. They’re also working on a Swiss France stable coin, the CHFT. Moose NFTs are NFTs that reward Elk participants, and will eventually be required for node operators.
Check out my Elk Finance review if you’re interested in more on Elk.
3. Trader Joe
- Tokens: JOE, HAT
Trader Joe is a new DEX on the block. With strong marketing efforts, lots of farms, and lending on the way. Their user interface is clean, friendly, and a little more colourful than the Uniswap cloned frontends donned by Pangolin and Elk.

4. Olive Cash
- Token: OLIVE
Olive Cash is a multi-chain DeX. They currently run on both Avalanche and Binance Smart Chain. Though, there is no bridge currently.

Olive’s main approach is to launch “memecoins” through IFOs, initial farm offerings. Every now and then they launch good coins too. The launches are done through both single staked assets and LP tokens.
5. Lydia Finance
- Token: LYD
Lydia Finance is the first Certik audited Avalanche DeX. Operating a familiar PancakeSwap layout. But, with a few interesting farms, pools, and lottery integrations.

6. Baguette Exchange
- Token: BAG
Baguette is yet another Uniswap clone. But Baguette themed. The volume and liquidity aren’t particularly high. But if you like the smell of bread in the morning, or you’re French, this one might be for you.

7. Yeti Swap
- Token: YETI
Yeti Swap was pretty early to the Avalanche Defi scene. But, they’ve not really made any big moves since that point. Though their farms are pretty lucrative, and they have a supposed NFT marketplace on the way, there isn’t really much shared.

8. Zero Exchange
- Token: ZERO
Zero was the very first Avalanche DEX. Unbeknownst to me, they never got as much traction as Pangolin. However, the DEX is feature-rich, complete, and has a great custom UI. Recently, Zero launched Relay Chain; a cross-chain bridge.

Dead Avalanche DEXs
1. Birdy Finance
- Token: BIRD
Birdy basically rugged. And threw a hissy fit after an article on Avalanche Today exposing their wrongdoings. They’ve publically stated the project will no longer be maintained.

2. Panda Swap
- Token: BAMBOO, BAMBOOV2
Bamboo is dead. Not sure it’s still maintained. Avoid.

3. Complus
Token: COM
Complus is a cross-chain liquidity network. Similar to how Elk Finance lets you transfer value between networks. Complus was one of the first active Binance Smart Chain bridges, and also supports HECO and Polygon.

4. Canary Exchange
- Token: CNR
Canary Exchange gave up being a DEX. They’re now a yield farm. But unfortunately their token price isn’t doing great.

5. PartySwap
- Token: YAY
The project died soon after launch.
